DXSE.DE vs. WELG.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C (DXSE.DE) and Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE).

DXSE.DE and WELG.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DXSE.DE is a passively managed fund by Xtrackers that tracks the performance of the MSCI Europe Health Care ESG Screened 20-35. It was launched on Jun 26, 2007. WELG.DE is a passively managed fund by Amundi that tracks the performance of the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Health Care. It was launched on Sep 20, 2022. Both DXSE.DE and WELG.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

DXSE.DE vs. WELG.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C (DXSE.DE) and Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE). The values are adjusted to include any dividend payments, if applicable.

DXSE.DE vs. WELG.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DXSE.DE Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C	-1.20%	4.97%	4.52%	9.56%	5.38%
WELG.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Dist	-4.84%	1.26%	7.51%	1.94%	4.13%

Returns By Period

In the year-to-date period, DXSE.DE achieves a -1.20% return, which is significantly higher than WELG.DE's -4.84% return.

DXSE.DE

• 1D: 1.22%
• 1M: -4.60%
• YTD: -1.20%
• 6M: 4.11%
• 1Y: 2.17%
• 3Y*: 4.47%
• 5Y*: 6.71%
• 10Y*: 7.07%

WELG.DE

• 1D: 1.38%
• 1M: -5.49%
• YTD: -4.84%
• 6M: 2.63%
• 1Y: -6.18%
• 3Y*: 2.96%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DXSE.DE vs. WELG.DE - Expense Ratio Comparison

DXSE.DE has a 0.17% expense ratio, which is lower than WELG.DE's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

WELG.DE

Amundi S&P Global Health Care ESG UCITS ETF EUR Dist

DXSE.DE

Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C

Return for Risk

DXSE.DE vs. WELG.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DXSE.DE

DXSE.DE Risk / Return Rank: 15
DXSE.DE Sharpe Ratio Rank: 14
DXSE.DE Sortino Ratio Rank: 14
DXSE.DE Omega Ratio Rank: 14
DXSE.DE Calmar Ratio Rank: 17
DXSE.DE Martin Ratio Rank: 17

WELG.DE

WELG.DE Risk / Return Rank: 6
WELG.DE Sharpe Ratio Rank: 6
WELG.DE Sortino Ratio Rank: 5
WELG.DE Omega Ratio Rank: 5
WELG.DE Calmar Ratio Rank: 7
WELG.DE Martin Ratio Rank: 7

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DXSE.DE vs. WELG.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C (DXSE.DE) and Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DXSE.DE	WELG.DE	Difference
Sharpe ratio Return per unit of total volatility	0.11	-0.36	+0.47
Sortino ratio Return per unit of downside risk	0.29	-0.38	+0.67
Omega ratio Gain probability vs. loss probability	1.04	0.95	+0.09
Calmar ratio Return relative to maximum drawdown	0.29	-0.33	+0.62
Martin ratio Return relative to average drawdown	0.77	-0.64	+1.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DXSE.DE vs. WELG.DE - Sharpe Ratio Comparison

The current DXSE.DE Sharpe Ratio is 0.11, which is higher than the WELG.DE Sharpe Ratio of -0.36. The chart below compares the historical Sharpe Ratios of DXSE.DE and WELG.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DXSE.DE	WELG.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.11	-0.36	+0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.21	+0.25

Correlation

The correlation between DXSE.DE and WELG.DE is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

DXSE.DE vs. WELG.DE - Dividend Comparison

DXSE.DE has not paid dividends to shareholders, while WELG.DE's dividend yield for the trailing twelve months is around 1.57%.

	TTM	2025	2024	2023
DXSE.DE Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%
WELG.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Dist	1.57%	1.36%	0.92%	0.17%

Drawdowns

DXSE.DE vs. WELG.DE - Drawdown Comparison

The maximum DXSE.DE drawdown since its inception was -34.30%, which is greater than WELG.DE's maximum drawdown of -23.11%. Use the drawdown chart below to compare losses from any high point for DXSE.DE and WELG.DE.

Drawdown Indicators

	DXSE.DE	WELG.DE	Difference
Max Drawdown Largest peak-to-trough decline	-34.30%	-23.11%	-11.19%
Max Drawdown (1Y) Largest decline over 1 year	-14.06%	-15.57%	+1.51%
Max Drawdown (5Y) Largest decline over 5 years	-28.10%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-28.10%	—	—
Current Drawdown Current decline from peak	-13.22%	-13.23%	+0.01%
Average Drawdown Average peak-to-trough decline	-8.29%	-6.89%	-1.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.82%	7.34%	-2.52%

Volatility

DXSE.DE vs. WELG.DE - Volatility Comparison

Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C (DXSE.DE) has a higher volatility of 5.18% compared to Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE) at 4.16%. This indicates that DXSE.DE's price experiences larger fluctuations and is considered to be riskier than WELG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DXSE.DE	WELG.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.18%	4.16%	+1.02%
Volatility (6M) Calculated over the trailing 6-month period	11.85%	9.84%	+2.01%
Volatility (1Y) Calculated over the trailing 1-year period	20.52%	17.12%	+3.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.23%	13.29%	+2.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.99%	13.29%	+2.70%